The Trump team's wallet shifted 10.84 million TRUMP tokens — worth about $16.91 million — to custodian Bitgo on July 25. Blockchain analytics platform Lookonchain flagged the move, which continues a steady pattern of transfers over the past five months.
Another $16.9M moved to custody
The latest transaction is the most recent in a series of deposits to Bitgo. Since the first transfer in early 2026, the team has sent a cumulative $172 million worth of the memecoin to the custodian. The July 25 move alone accounts for roughly 10% of that total.
Five-month tally hits $172M
Lookonchain's data shows the Trump team has been offloading TRUMP tokens in chunks, with no single transfer exceeding $20 million. The pace has been consistent — roughly one significant move every few weeks. The $172 million figure represents the entire amount sent to Bitgo over the period.
Lookonchain tracks the flow
The blockchain analytics firm flagged the July 25 transfer on social media, noting the wallet address and the token amount. Lookonchain has been monitoring the Trump team's wallet activity since the memecoin launched, providing public visibility into the team's selling patterns.
The Trump team has now moved over $172 million worth of the memecoin to Bitgo since the first transfer. It's unclear if further moves are planned, but the pattern suggests more could come.
